Parametric Equity Plus (PEPS) ETF Holdings & Analysis

What PEPS does

PEPS is an actively managed fund that aims for long-term capital appreciation by primarily investing in a portfolio of large US companies. Specifically, it holds stocks found within the Solactive GBS United States 500 Index. A key element of its strategy involves a beta-neutral call overwriting approach, where the fund sells short-dated, out-of-the-money call options on the S&P 500 Index. This options strategy is paired with compensatory long equity exposure, which includes positions in S&P 500 Index futures, FLEX Options referencing the S&P 500 Index, and the SPY ETF. The fund's overall performance is predominantly driven by its equity holdings. To avoid straddle rule implications, PEPS carefully limits the overlap between its equity investments and the underlying components of its options. It also implements tax loss harvesting strategies within its equity portfolio. While the sale of call options may lead to foregoing some upside market participation, the fund's sub-adviser proactively seeks to ladder these written call positions to lessen this potential limitation.

Fund profile

Top holdings

Geographic allocation

PortView Portfolio Insights

PortView analyzes how PEPS fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does PEPS track?

PEPS is the Parametric Equity Plus ETF, a Other ETF.

What is the expense ratio of PEPS?

Expense ratio data for PEPS is shown on the page when available from our data provider.

What are the largest holdings in PEPS?

Top holdings include NVDA, AAPL, MSFT, AMZN, GOOGL.

How can PortView analyze PEPS overlap with other ETFs?

PortView computes the holdings overlap between PEPS and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.